leadership
confidence high
sentiment neutral
materiality 0.35
American Water appoints Raffiq Nathoo as independent director, board expands to nine members
American Water Works Company, Inc.
- Board expanded from 8 to 9 members; Nathoo appointed effective June 9, 2025.
- Nathoo receives annual cash retainer of $120,000 and prorated $175,000 equity award in director stock units.
- Appointed to Audit, Finance and Risk Committee and Safety, Environmental, Technology and Operations Committee.
- Nathoo brings 30+ years of utility-sector finance experience; currently Managing Partner at T X3 Sage Rock.
- Also serves on Cabot Corp (NYSE: CBT) board and its Audit Committee.
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